Agiliance Buys Compliance Firm

SAN JOSE, Calif. -- Agiliance, the leading provider of IT governance, risk and compliance (IT-GRC) solutions, today announced the acquisition of Phulaxis, Inc., a privately funded provider of IT and business compliance solutions. The Phulaxis technology, which Agiliance has re-launched as the new Controls Automation module for Agiliance IT-GRC 3.0, extends Agiliance’s automated controls for configuration, vulnerability and security management to now include automated user access controls for identity management systems, middleware, databases and applications. With this acquisition, Agiliance fulfills a key requirement of its strategic product roadmap for managing the entire IT risk and compliance lifecycle.

“We have very specific controls that require us to monitor and report on access within our ERP system,” said Lynn Peele, IT Security and Compliance Manager, Unifi, Inc. “We simply didn't have visibility, and gaining it was very difficult until we deployed the Controls Automation module. We were able to use the product to identify our current state and then automate continuous monitoring and exception reporting. We are very pleased with the solution and look forward to an ongoing relationship with Agiliance.”

Agiliance Inc.